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  • Did I speak too soon last week when I wrote about how a UK departure from the EU meant that the loss of (re)insurance passporting rights into the European Economic Area and Switzerland was a political inevitability?
  • Later this year Liberty Mutual will consolidate its outwards casualty reinsurance into a single global treaty, further eroding cessions that have already been dramatically reduced in recent years, The Insurance Insider can reveal.
  • Hyperion underwriting arm Dual has appointed Richard Clapham as regional CEO for Dual Europe and CEO of Dual UK, The Insurance Insider can reveal
  • Two of France's major insurance bodies have combined forces to create the French Federation of Insurance (FFA) (Fédération Française de l'Assurance)
  • BGL Group, the owner of price comparison website Comparethemarket.com, is preparing for an IPO of the business by the beginning of next year.
  • Catastrophe insurance pool the African Risk Capacity (ARC) insurance company has hired Dolika Banda as CEO, effective from 7 September
  • Markel International has launched a marine equipment business with the hire of Andy Lane from Skuld Syndicate 1897, it announced today (11 July).
  • Validus-owned Lloyd's carrier Talbot Underwriting has named Steve Ward as head of underwriting for Australia.
  • London market electronic trading system Placing Platform Limited (PPL) has officially gone live today (11 July), allowing brokers and underwriters to exchange information on standalone terrorism risks.
  • Rate reductions in the aviation market are beginning to slow as underwriters become more selective and focus on limiting portfolio losses, according to JLT